This Week in Bitcoin: Black Swans

It would be an unusual week in bitcoin where there weren’t glum tidings to report, be it an exchange hack, regulatory clampdown, or edict from the east. It just so happens that this week witnessed all three – and on the same day, no less. You could call it bad luck, or you could call the event, which sent bitcoin below $9,000, where it’s flirted ever since, a black swan: a random occurrence that is impossible to predict.